C4T, a Mechelen, Belgium-based provider of a cloud-based customs declarations platform, raised €4M in funding.
Backers included Hi-Innov Dentressangle and 42Cap.
The company intends to use the funds for product investment and execution of its growth plans in the UK and Europe.
Led by CEO Rupert Spiegelberg, Customs4trade (C4T) has developed CAS, a collaborative hub, built on the Microsoft Azure platform delivered as a service (SaaS). It is designed to manage regional and worldwide customs and trade compliance quickly and accurately, with a digital-first approach, helping customers stay ahead of the digitisation of customs processes. CAS provides customers with continual updates and feature enhancements, including the incorporation of any changes to legislation and compliance regulation—along with Azure’s signature accessibility, scalability, and security.
With offices in Wigan, UK, and Mechelen, Belgium, where it employs 80 people, C4T is now supporting import and export trade flows for customers in the UK, Belgium, Netherlands and Ireland such as Honda, Aldi, Isuzu, Agristo and other manufacturers and household brands in the Automotive, FMCG, Retail and Manufacturing sectors.
FinSMEs
19/04/2023